After a devastating day on Wall Street when the Dow Jones industrial average opened 1,000 points lower and closed down 588 points, an investment strategist said the big thing to remember is to not panic.

The drop was part of a ripple effect that started in China and spread to other markets around the world.

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Bill Greiner, chief investment strategist of Mariner Holdings in Leawood, says the markets will have days like this.

“The market always recovers and always has recovered from these kinds of downside moves,” Greiner said.

He said investors might use a day like this to look for opportunities.

“People are always going to drive cars and heat their homes, so natural gas and oil is something that people are going to continue to utilize,” he said.

He also said it’s a good opportunity to speak with a financial adviser. More mature investors might want to proceed with a bit more caution.

“Looking for companies that pay good dividends, for example, rather than companies with big growth engines like a Tesla or Apple, somebody like that,” Greiner said.

While it may be tough to see a portfolio take a big hit like so many did on Monday, history has shown that the market will come around again.

“It’s typical for the market to have this sort of correction,” Greiner said. “It’s called an intermediate correction.”

He said despite a devastating decline, people should keep their emotions in check.

“The worst thing a person can do is, after a fall like this, when an asset class has fallen 10 to 15 percent, is to go out and blindly sell the asset,” he said.